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Department of Military Veterans, Paramount Group announce multimillion-rand high-tech skills transfer programme

[Johannesburg, 14 October 2014] - Paramount Group, Africa's largest non-government-owned defence and aerospace manufacturer, in partnership with the Department of Military Veterans, today announced a multimillion-rand hi-tech skills development programme aimed at advancing the South African defence industry and enabling the group to meet its future growth plans.

Young descendants of military veterans, identified by the department, will – through a programme of bursaries for tertiary education placements and on-the-job apprenticeships – work with employees of the Paramount Group to ensure their knowledge and world-class skills are passed on to the next generation of South Africans.

The programme, which supports Paramount Group's existing internal initiative to invest in its current workforce, is funded by the Paramount Group Trust and ensures the majority of a third of all company profits made in South Africa are spent on education and skills development for descendants of military veterans.
[Full Story.]
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Last updated : 14 October 2014

 

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